Even as Byju's is set to lay off nearly 2,500, or 5 per cent, of its employees as part of an “optimisation” plan, the educational technology (edtech) firm is planning to go on a hiring spree. It plans to hire 10,000 teachers in the next six months, adding to the current strength of 20,000 teachers.
The company is also expanding its teams, besides hiring senior leadership, to further build operational strength. The hiring strategy is going to play a key role in the company’s optimisation plan as it looks to target profitability by March 2023. Byju’s plans to hire people